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The UK regulator overseeing development of new sustainability disclosure requirements for asset managers and asset owners has again delayed publishing proposals for consultation.

The financial industry must acknowledge 'greenwashing' and consider how to prevent it, an executive at the UK's Financial Conduct Authority (FCA) said, warning it is a "huge reputational risk".

The UK treasury has created a 'transition plan taskforce' to develop what it says will be "the gold standard" for climate transition plans by UK financial institutions and listed companies, in a move that is believed to be the first of its kind.

A group of real estate investor associations has provided the UK's financial watchdog with proposals for environmental, social and governance (ESG) reporting metrics they say could eventually become part of international real estate industry standards.

Big-name players demonstrate the growing appeal of impact strategies - but calls for more credible evidence of impact continue to grow, Michael Hurley writes

FCA has extended coverage of its climate-related disclosure rules for listed companies and added requirements around transition plans for those firms as well as asset managers and life insurers.

Listed companies, asset managers, life insurers and pension providers in the UK should be required to report on social factors as well as environmental factors, the regulator has been told.

Large asset managers and life insurers in the UK should be required to make climate-related disclosures next year, the country's Financial Conduct Authority (FCA) has been urged.